RCS Cards (Pty) Ltd And Edcon Ltd (In Respect of Certain Cardholders Book Debt of Edcon)

Case number: LM129Nov19
Case parties: Primary Acquiring Firm: RCS Cards (Pty) Ltd
Primary Target Firm: Edcon Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2020-01-15
Sector: Financial and insurance activities
Industry: Other financial services excluding insurance and pension fund activities
Relevant market: National market for the provision of unsecured consumer credit
Competition Tribunal Members: Andiswa Ndoni, Yasmin Carrim, Halton Cheadle